JAZZ RESOURCES INC.
Unit 5 — 2330 Tyner Street
Port Coquitlam, BC V3C 2Z1
Telephone: 604-970-6402 Fax: 604-944-6102
Email: jo@HomegoldResourcesLtd.com TSX Venture Exchange: JZR
April 30, 2015
NEWS RELEASE - FOR IMMEDIATE RELEASE
JAZZ ARRANGES LOAN
Jazz Resources Inc. (JZR: TSX-V) is pleased to report that it has arranged a $100,000 loan at 25% interest which will allow the Company to advance the milling program at our Camborne Mine and Mill site. The Pilot Mill and associated tailings facility has been ordered and delivery is expected in the latter part of May.
President/CEO Jo Shearer comments “successful funding at this time of widespread risk adverse financial environment for the junior sector, is a big step forward and means the Company can complete the Pilot Mill Project”.
A trip to the Mill site is scheduled for Friday May 1, 2015, with Mill personnel to assess the old concrete foundation for suitability for use in the new Pilot Mill.
The existing debt holders have agreed to a revised the payback timetable from June 2015 to a staged payback from 2016 to 2018. The actual debt levels have also been reduced by the debt holders.
J. T. Shearer, M.Sc., P.Geo. (BC & Ontario) President, is the Qualified Person as defined by NI 43-101 who supervised the preparation of the technical material in this release.
On behalf of the Board of Directors,
For further information contact: 604-970-6402
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is de?ned in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains forward-looking statements. All statements, other than statements of historical fact, constitute “forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.
All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in certain of the Company's disclosure documents ?led on SEDAR.
There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.
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